An exaggeration? Possible. But the buzz over today’s release of compensatory picks at the league’s owners meeting in Phoenix is the latest sign the NFL is closing in on world domination.

Sports Illustrated’s Peter King reported the 49ers’ “likely” compensatory pick haul will be a fourth-rounder and two seventh-rounders. If accurate, that will give San Francisco 14 picks, including five of the top 94 and seven in the first four rounds.

As Sports Illustrated recently noted, the 1997 Dolphins are the only team to make 14 draft picks since the NFL adopted its seven-round format in 1994. Of course, it’s highly unlikely the 49ers will actually make 14 selections, but their stash gives them tremendous flexibility.

Here’s a look at their anticipated picks:

First round: No. 31

Second round: No. 34 (From Kansas City in Alex Smith trade)

Second round: No. 61

Third round: No. 74(From Carolina in 2012 draft trade)

Third round: No. 94

Fourth round: 49ers pick

Fourth round: possible compensatory pick

Fifth round: From Colts in 2012 draft trade

Fifth round: 49ers pick

# Sixth round

Seventh round:From Bengals in 2011 trade for safety Taylor Mays

Seventh round: 49ers pick

Seventh round: possible compensatory pick

Seventh round: possible compensatory pick

# The 49ers traded one of their two sixth-round picks to acquire Ravens wide receiver Anquan Boldin. It has not been announced which sixth-rounder they dealt to Baltimore. They had their own sixth-rounder (No. 31 in round) and a sixth-rounder (No. 12) they acquired in a 2012 draft trade with the Dolphins.

The trade for Boldin is not official because he’s yet to take his physical (he was traveling to Africa on a mission trip when the trade was made). Boldin will take his physical later this week.

** Here’s a look at the Dolphins’ ’97 draft, which included six top-100 selections. Yatil Green? Oops. Sam Madison and Jason Taylor? Awesome. The rest? Not too impressive:

Round 1 (No. 15): WR Yatil Green, Miami (Fla.)

Injury ravaged career included 18 catches and 234 yards

Round 2 (No. 44): CB Sam Madison, Louisville

Four-time Pro Bowler and two-time first-team All-Pro in 12-year career

Round 3 (No 73): DE Jason Taylor, DE, Akron

Six-time Pro Bowler and three-time first-team All-Pro in 15-year career

Round 3 (No. 92): LB Derrick Rodgers, Arizona State

Made 111 starts in eight seasons; had 340 tackles, nine sacks, four INTs